Mark Carlie Urges Fiscal Prudence in Slow Year

Date Posted: September 23, 2013

Posted In: News,

From St. Louis CNR: Slow growth and a do-nothing Congress, those were the main predictions from Mark Carlie at Stone Carlie’s “Construction and A/E Industry Outlook.”

Click here to download the PowerPoint slides from the presentation.

“Last year’s elections produced the worst possible outcome: a divided Congress,” he said. “We need lawmaking and policy making, but pitiful little action in Congress. Instead it is practicing brinkmanship,” he said.

Why does that matter?

Brinkmanship creates uncertainty and “capital flows best in a world of certainty,” he said.

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